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Morgan Stanley Upgrades Google (GOOG) to Overweight, $775 Target

August 13, 2012 6:36 AM EDT
Get Alerts GOOG Hot Sheet
Price: $156.88 +0.56%

Rating Summary:
    41 Buy, 6 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 13 | New: 18
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Morgan Stanley upgraded Google (NASDAQ: GOOG) from Equalweight to Overweight with a price target of $775.00.

The firm said the stock trades at a 25 percent discount to the online ad sector and sees U.S. and U.K. businesses growing at 11% CAGR from 2013-2016.

For an analyst ratings summary and ratings history on Google click here. For more ratings news on Google click here.

Shares of Google closed at $642.00 yesterday.


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